The Economics of Everyday Things 89. Locksmiths
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Apr 21, 2025 
Guest Wayne Winton, owner of Tri-County Locksmith Service, shares riveting insights into the locksmithing world. He discusses the lucrative yet challenging aspects of the industry, emphasizing the importance of trust between locksmiths and clients. Wayne also highlights the pitfalls of scams, the impact of modern technology on traditional locksmithing, and some fascinating anecdotes, including thrilling safe-cracking adventures. This engaging conversation reveals how locksmiths serve as everyday heroes in our communities, providing essential security and peace of mind.
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Wayne's Lock Picking Joy
- Wayne Winton compares the thrill of picking a lock to your first kiss with your soulmate.
- He loves the diverse challenges of his locksmith job every day.
Locksmith Trust Under Siege
- Locksmiths face challenges as locks digitize and key trust erodes.
- Tech-savvy scammers threaten the real product locksmiths sell: trust.
Locksmith Industry Is Small & Mobile
- Most locksmiths are small, independent, and mobile operations.
- You can start locksmithing by buying a van, equipment, and learning the craft.